The median nationwide asking rent fell 0.7% year-over-year to $1,595 last month, according to data from Redfin (NASDAQ: RDFN). On a month-over-month measurement, rents were down by 1.1%. The median rent is now 6.2% lower than when it hit an all-time high of $1,700 in...
The majority of Americans ages 50 and older want to remain in their current homes as they age, but nearly half expect to relocate due to rising housing costs, according to AARP’s 2024 Home and Community Preferences Survey. The new survey polled 3,090 adults from...
Elon Musk’s close relationship with President-elect Donald Trump may become neighborly, as the Tesla and SpaceX chieftain and co-director of the Department of Government Efficiency is reportedly seeking a luxury property near Trump’s Mar-a-Lago estate in Palm Beach,...
Mortgage applications took a healthy upturn thanks to a surge in refinancing, according to data from the Mortgage Bankers Association (MBA) covering the week ending Dec. 6. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
A Phil Hall Op-Ed: There is a quote attributed to the ancient Chinese philosopher Lao Tzu that, roughly translated into English, goes like this: “Governing a great nation is like cooking a small fish – too much handling will spoil it.” Lao Tzu’s wisdom is clearly a...
A total of 29,390 residential properties carried foreclosure filings in November, down 5% from the previous month and down 9% from one year earlier. According to new data from ATTOM, one in every 4,795 housing units had a foreclosure filing last month. The states with...
